My friend Melani Gordon from Gwave Consulting brought this to my attention, so I thought I would bring it to yours.

July 27th iBidcondo is set to deliver a deal of a lifetime in Dallas. Buy your auction seat today. Bid for a brand new 1,300 sq ft condo in downtown Dallas, TX.

Full property details - http://ibidcondo.com/auctions/29/details

iBidcondo is a new and exciting way to purchase high quality real estate using a unique (Patent Pending) online-auction system that has NO RESERVE or MINIMUM PRICE.
iBidcondo covers the cost of the property by “selling a limited number of seats” to the Auction.

This means that the majority of the net proceeds will be donated to a registered Charity that the winning bidder nominates prior to the auction.
•    iBidCondo auctions are online live property auctions where properties are auctioned without reserve or minimum prices.
•    To bid at an iBidcondo Auction, Bidders must first purchase a "virtual seat" to the online Auction from the iBidcondo website.
•    The revenue from the sale of the Auction Seats subsidizes the price of the property.

At a recent auction of a property in Austin, a condo with a $690,000 value was sold for a bid of $86,840, and more than 1,200 people participated in the auction. Followhttp://www.Twitter.com/ibidcondo to learn how you can win an auction seat.